THE DEFENSIVE TRADE IS ATTRACTING SERIOUS CAPITAL.
Global gold-backed ETFs reportedly pulled in $3 billion during July, their strongest monthly inflow since April.
Holdings increased by 23 tonnes to 4,068 tonnes, placing them just below the all-time high.
Capital is still actively searching for scarce assets, protection, and liquidity outside traditional currencies. Gold is capturing that demand. Crypto still needs to prove it can participate in the same rotation.
If gold remains strong while BTC continues drifting sideways, the divergence matters. If Bitcoin begins outperforming, capital rotation may finally be reaching crypto.
#Gold #Bitcoin
$XRP
$BNB
$RIVER
Global gold-backed ETFs reportedly pulled in $3 billion during July, their strongest monthly inflow since April.
Holdings increased by 23 tonnes to 4,068 tonnes, placing them just below the all-time high.
Capital is still actively searching for scarce assets, protection, and liquidity outside traditional currencies. Gold is capturing that demand. Crypto still needs to prove it can participate in the same rotation.
If gold remains strong while BTC continues drifting sideways, the divergence matters. If Bitcoin begins outperforming, capital rotation may finally be reaching crypto.
#Gold #Bitcoin
$XRP
$BNB
$RIVER